ORS 716.556: Investment in loans secured by pledged notes or bonds.

Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07

A savings bank may invest in loans secured by pledge of the notes or bonds specified in ORS 716.552, if the notes or bonds pledged as collateral are at least 25 percent more than the loans which they secure. [1973 c.797 §371b]

This rule cites

ORS 716.552 — resolved

Cited by

No inbound citations found.

Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors716.html